Investing.com – Ethereum was trading at $3,473.09 by 12:50 (17:50 GMT) on the Investing.com Index on Thursday, down 10.31% on the day. It was the largest one-day percentage loss since November 9, 2022.
The move downwards pushed Ethereum’s market cap down to $423.79B, or 12.41% of the total cryptocurrency market cap. At its highest, Ethereum’s market cap was $569.58B.
Ethereum had traded in a range of $3,473.09 to $3,719.52 in the previous twenty-four hours.
Over the past seven days, Ethereum has seen a drop in value, as it lost 10.78%. The volume of Ethereum traded in the twenty-four hours to time of writing was $55.93B or 20.29% of the total volume of all cryptocurrencies. It has traded in a range of $3,473.0872 to $4,102.8984 in the past 7 days.
At its current price, Ethereum is still down 28.60% from its all-time high of $4,864.06 set on November 10, 2021.
Elsewhere in cryptocurrency trading
Bitcoin was last at $98,663.9 on the Investing.com Index, down 5.72% on the day.
Tether USDt was trading at $0.9985 on the Investing.com Index, a loss of 0.12%.
Bitcoin’s market cap was last at $1,959.58B or 57.38% of the total cryptocurrency market cap, while Tether USDt’s market cap totaled $140.48B or 4.11% of the total cryptocurrency market value.
